Period
to

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 2 July 2022 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

International Financial Reporting Standards (IFRS)
England > London
6 months to
2 Jul 2022
Same period 2021 Same period 2020
Rank 471 421 356
Rank change year-on-year -50 -65 +188
Contract jobs citing IFRS 111 83 42
As % of all contract jobs advertised in London 0.28% 0.30% 0.24%
As % of the Quality Assurance & Compliance category 2.26% 2.47% 2.15%
Number of daily rates quoted 83 63 29
10th Percentile £488 £478 £393
25th Percentile £563 £522 £413
Median daily rate (50th Percentile) £618 £575 £475
Median % change year-on-year +7.39% +21.05% -20.83%
75th Percentile £738 £675 £488
90th Percentile £850 £748 £505
England median daily rate £600 £588 £475
% change year-on-year +2.13% +23.68% -20.83%

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,919 3,366 1,954
As % of all contract IT jobs advertised in London 12.42% 12.16% 11.10%
Number of daily rates quoted 3,476 2,301 1,365
10th Percentile £355 £323 £300
25th Percentile £456 £413 £406
Median daily rate (50th Percentile) £550 £525 £500
Median % change year-on-year +4.86% +4.90% -
75th Percentile £675 £620 £588
90th Percentile £775 £694 £650
England median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 71 30 37
10th Percentile £18.00 £14.23 £15.77
25th Percentile £21.00 £20.00 £19.99
Median hourly rate £41.00 £23.75 £31.72
Median % change year-on-year +72.63% -25.13% +51.84%
75th Percentile £49.25 £31.06 £45.00
90th Percentile £68.75 £38.78 £54.65
England median hourly rate £26.00 £21.00 £22.91
% change year-on-year +23.81% -8.34% +2.48%

IFRS
Job Vacancy Trend in London

Job postings citing IFRS as a proportion of all IT jobs advertised in London.

Job vacancy trend for IFRS in London

IFRS
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing IFRS in London.

Daily rate trend for IFRS in London

IFRS
Daily Rate Histogram in London

Daily rate distribution for jobs citing IFRS in London over the 6 months to 2 July 2022.

Daily rate histogram for IFRS in London

IFRS
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing IFRS in London.

Hourly rate trend for IFRS in London

IFRS
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the London region over the 6 months to 2 July 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London -26 13 £613 +16.67% 1
IFRS
England

For the 6 months to 2 July 2022, IT contractor jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for IFRS.

1 85 (76.58%) Finance
2 72 (64.86%) IFRS 17
3 31 (27.93%) Agile
4 30 (27.03%) SQL
5 26 (23.42%) Data Warehouse
5 26 (23.42%) Solvency II
6 25 (22.52%) Banking
7 23 (20.72%) Business Analysis
7 23 (20.72%) Social Skills
8 20 (18.02%) Analytical Skills
9 18 (16.22%) Data Modelling
10 17 (15.32%) ETL
10 17 (15.32%) SQL Server
11 16 (14.41%) GAAP
11 16 (14.41%) Derivative
12 15 (13.51%) Fixed Income
13 14 (12.61%) Functional Testing
14 13 (11.71%) Root Cause Analysis
15 12 (10.81%) Foreign Exchange (FX)
15 12 (10.81%) FRS 29
15 12 (10.81%) Influencing Skills
16 11 (9.91%) Analytics
16 11 (9.91%) Business Intelligence
16 11 (9.91%) Data Analysis
17 10 (9.01%) SAP
17 10 (9.01%) Stakeholder Management
17 10 (9.01%) DevOps
18 9 (8.11%) Test Scripting
18 9 (8.11%) Azure
18 9 (8.11%) User Acceptance Testing

IFRS
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (4.50%) SAS
2 3 (2.70%) Apache Spark
Applications
1 7 (6.31%) Microsoft Excel
Business Applications
1 4 (3.60%) SAP S/4HANA
2 2 (1.80%) Oracle Financials
2 2 (1.80%) SAP FI-GL
3 1 (0.90%) Oracle Assets
3 1 (0.90%) Oracle Cash Management
3 1 (0.90%) Oracle ERP
3 1 (0.90%) Oracle Receivables
3 1 (0.90%) SAP CO
3 1 (0.90%) SAP ERP
3 1 (0.90%) SAP FI
3 1 (0.90%) SAP FI/CO
Cloud Services
1 9 (8.11%) Azure
2 5 (4.50%) Power Platform
3 4 (3.60%) AWS
4 3 (2.70%) dbt
4 3 (2.70%) Snowflake
5 2 (1.80%) Azure DevOps
5 2 (1.80%) GitHub
6 1 (0.90%) Fivetran
6 1 (0.90%) GCP
6 1 (0.90%) PowerApps
Communications & Networking
1 1 (0.90%) FTP
1 1 (0.90%) IMAP
Database & Business Intelligence
1 26 (23.42%) Data Warehouse
2 17 (15.32%) SQL Server
3 7 (6.31%) SQL Server Reporting Services
4 5 (4.50%) Power BI
5 4 (3.60%) Big Data
5 4 (3.60%) SAP HANA
6 3 (2.70%) Base SAS
6 3 (2.70%) OLAP
6 3 (2.70%) QlikView
6 3 (2.70%) SQL Server Analysis Services
6 3 (2.70%) SQL Server Integration Services
6 3 (2.70%) Tableau
7 2 (1.80%) Apache Hive
7 2 (1.80%) Azure SQL Data Warehouse
7 2 (1.80%) DB2
7 2 (1.80%) RDBMS
7 2 (1.80%) Relational Database
7 2 (1.80%) SAS EBI
7 2 (1.80%) SAS Enterprise Guide
8 1 (0.90%) Data Vault
Development Applications
1 2 (1.80%) Eclipse
1 2 (1.80%) RStudio
1 2 (1.80%) Visual Studio Code
2 1 (0.90%) JIRA
General
1 85 (76.58%) Finance
2 25 (22.52%) Banking
3 23 (20.72%) Social Skills
4 20 (18.02%) Analytical Skills
5 12 (10.81%) Influencing Skills
6 8 (7.21%) General Ledger
7 7 (6.31%) Back Office
8 4 (3.60%) Inclusion and Diversity
8 4 (3.60%) Legal
8 4 (3.60%) Presentation Skills
8 4 (3.60%) Retail
9 2 (1.80%) Organisational Skills
10 1 (0.90%) Investment Banking
10 1 (0.90%) Retail Finance
10 1 (0.90%) Telecoms
10 1 (0.90%) Wholesale Banking
Job Titles
1 39 (35.14%) Analyst
2 22 (19.82%) Business Analyst
3 14 (12.61%) Accountant
4 13 (11.71%) Project Analyst
5 12 (10.81%) Developer
5 12 (10.81%) Project Accountant
6 10 (9.01%) Financial Analyst
6 10 (9.01%) Project Manager
7 9 (8.11%) Consultant
7 9 (8.11%) Transformation Consultant
8 8 (7.21%) Insurance Business Analyst
9 7 (6.31%) Data Modeller
9 7 (6.31%) SQL Developer
9 7 (6.31%) Test Manager
10 6 (5.41%) Data Analyst
11 5 (4.50%) Data Engineer
11 5 (4.50%) SQL Server Developer
11 5 (4.50%) Test Analyst
12 4 (3.60%) Agile Business Analyst
12 4 (3.60%) Risk Analyst
Libraries, Frameworks & Software Standards
1 1 (0.90%) Oracle Fusion
Miscellaneous
1 16 (14.41%) Derivative
2 15 (13.51%) Fixed Income
3 12 (10.81%) Foreign Exchange (FX)
4 7 (6.31%) Credit Risk
4 7 (6.31%) Reinsurance
5 4 (3.60%) Equities
6 2 (1.80%) Management Information System
7 1 (0.90%) CMDB
7 1 (0.90%) Data Structures
7 1 (0.90%) Virtual Team
Processes & Methodologies
1 31 (27.93%) Agile
2 23 (20.72%) Business Analysis
3 18 (16.22%) Data Modelling
4 17 (15.32%) ETL
5 14 (12.61%) Functional Testing
6 13 (11.71%) Root Cause Analysis
7 11 (9.91%) Analytics
7 11 (9.91%) Business Intelligence
7 11 (9.91%) Data Analysis
8 10 (9.01%) DevOps
8 10 (9.01%) Stakeholder Management
9 9 (8.11%) Regulatory Change
9 9 (8.11%) Requirements Gathering
9 9 (8.11%) Test Scripting
9 9 (8.11%) User Acceptance Testing
10 7 (6.31%) Data Architecture
10 7 (6.31%) Project Management
10 7 (6.31%) Test Strategy
11 6 (5.41%) Test Automation
12 5 (4.50%) Regulatory Compliance
Programming Languages
1 30 (27.03%) SQL
2 5 (4.50%) T-SQL
3 4 (3.60%) Python
4 3 (2.70%) VB
5 2 (1.80%) R
5 2 (1.80%) SAS Macro
6 1 (0.90%) PL/SQL
6 1 (0.90%) Scala
6 1 (0.90%) VBA
Qualifications
1 6 (5.41%) Degree
2 4 (3.60%) ACCA
3 3 (2.70%) APMG
3 3 (2.70%) CIMA
3 3 (2.70%) IIBA
3 3 (2.70%) ISEB
3 3 (2.70%) ISTQB Foundation Certification
3 3 (2.70%) Numerate Degree
3 3 (2.70%) Security Cleared
4 2 (1.80%) PMP
5 1 (0.90%) Master's Degree
5 1 (0.90%) MBA
Quality Assurance & Compliance
1 72 (64.86%) IFRS 17
2 26 (23.42%) Solvency II
3 16 (14.41%) GAAP
4 12 (10.81%) FRS 29
5 7 (6.31%) IFRS 9
6 4 (3.60%) PMO
7 2 (1.80%) Actionable Recommendations
7 2 (1.80%) COREP
7 2 (1.80%) CRD IV
7 2 (1.80%) Data Quality
7 2 (1.80%) FINREP
7 2 (1.80%) QA
8 1 (0.90%) Basel III
System Software
1 1 (0.90%) Docker
Systems Management
1 1 (0.90%) Control-M
1 1 (0.90%) Kubernetes
Vendors
1 10 (9.01%) SAP
2 5 (4.50%) Oracle
3 3 (2.70%) Alteryx
3 3 (2.70%) Charles River
4 2 (1.80%) Databricks
4 2 (1.80%) Informatica
4 2 (1.80%) Talend
4 2 (1.80%) Teradata
5 1 (0.90%) CA
5 1 (0.90%) Microsoft
5 1 (0.90%) Murex
5 1 (0.90%) Sun